RentoMojo raises ₹376 crore from anchor investors ahead of IPO

Furniture and appliance rental platform RentoMojo allotted 93.1 lakh shares to 41 anchor investors at ₹404 apiece. The IPO, opening September 9, includes a fresh issue of up to ₹150 crore and an OFS of up to 2.7 crore shares, implying a ₹4,206 crore valuation at the upper price band.

— Source publishedTue, 8 Sept, 2026, 23:26 IST·First seen Tue, 8 Sept, 2026, 23:30 IST·Source Inc42

What happened

Rentomojo · Furniture and appliance rental platform RentoMojo raised ₹376.1 crore from 41 anchor investors at ₹404 per share ahead of its IPO. The issue

Key facts

  • ₹376.1 crore raised from anchor investors
  • 93.1 lakh equity shares allotted
  • 41 anchor investors
  • ₹404 per share
  • 16 domestic mutual funds bought 60.4 lakh shares worth ₹244.1 crore
  • Fresh issue up to ₹150 crore
  • OFS up to 2.7 crore shares
  • IPO price band ₹384-₹404
  • Implied valuation ₹4,206 crore (about $445.1 million)

Also reported by